Note 8. General Property, Plant and Equipment, Net
Major categories of the HHS General Property, Plant and Equipment (PP&E) at September 30, 2007 and 2006, are listed below:
|
|
| 2007 | ||
(In Millions) | Depreciation Method | Estimated Useful Lives | Acquisition Cost | Accumulated Depreciation | Net Book Value |
Land & Land Rights | - | - | $ 50 | $ - | $ 50 |
Construction in Progress | - | - | 737 | - | 737 |
Buildings, Facilities & | Straight Line | 5-50 Yrs | 4,419 | (1,574) | 2,845 |
Equipment | Straight Line | 3-20 Yrs | 1,140 | (695) | 445 |
Internal Use Software | Straight Line | 5-10 Yrs | 1,116 | (262) | 854 |
Assets Under Capital Lease | Straight Line | 1-20 Yrs | 140 | (42) | 98 |
Leasehold Improvements | Straight Line | *Life of Lease | 43 | (8) | 35 |
Totals |
|
| $7,645 | $ (2,581) | $ 5,064 |
*7 to 15 years or the life of the lease.
|
|
| 2006 | ||
(In Millions) | Depreciation Method | Estimated Useful Lives | Acquisition Cost | Accumulated Depreciation | Net Book Value |
Land & Land Rights | - | - | $ 48 | $ - | $ 48 |
Construction in Progress | - | - | 718 | - | 718 |
Buildings, Facilities & | Straight Line | 5-50 Yrs | 4,179 | (1,458) | 2,721 |
Equipment | Straight Line | 3-20 Yrs | 1,281 | (620) | 661 |
Internal Use Software | Straight Line | 5-10 Yrs | 863 | (179) | 684 |
Assets Under Capital Lease | Straight Line | 1-20 Yrs | 41 | (38) | 103 |
Leasehold Improvements | Straight Line | *Life of Lease | 43 | (7) | 36 |
Totals |
|
| $ 7,273 | $(2,302) | $ 4,971 |
*7 to 15 years or the life of the lease.
Report Date: November 15, 2007